Bitcoin miners have stopped selling their mined coins after investing over $30 billion in AI and high-performance computing infrastructure. This strategic shift led to a 15% reduction in mining capacity as companies repurposed resources away from Bitcoin mining. The halt in sales has caused a significant supply squeeze on cryptocurrency exchanges, signaling miners are holding coins to wait for better prices. This move marks a major industry transformation with potential impacts on Bitcoin's market dynamics and price stability.
Near Protocol (NEAR) token rose 6.93% from $5.01 to $5.35 within four hours on Binance, marking a short-term rebound. However, NEAR remains down 8.56% compared to its price 24 hours earlier, with a market cap of about $6.95 billion. During the same p...
Avalanche (AVAX) saw a price increase from $9.99 to $10.54 within four hours, marking a 5.55% gain as of early October 13. This rise occurred even though AVAX was down 3.74% over the past 24 hours. The data is based on Binance's AVAX/USDT spot market...
Dogecoin (DOGE) traded near $0.0829 on October 13 after a 5% decline, with $0.0800 acting as a key near-term support level. A confirmed drop below $0.0800 could lead to a further decline toward the July 23 low of $0.0683, a potential 14.6% decrease. ...
Bitcoin briefly dropped below $81,000 but recovered to above $83,000 on Tuesday, diverging from significant losses in South Korean chip stocks and weaker Nasdaq futures. The KOSPI index fell over 6%, with Samsung Electronics and SK hynix dropping aro...
Fosun International received the Platinum Award in the Corporate Sustainability Leadership Awards 2026 by The Asset, upgrading from last year's Gold Award, recognizing its strong ESG performance and commitment to sustainability. The company also earn...
